May 2017, Chicken Egg Prices Reach Highest Point

Based on data from the Ministry of Trade's National Basic Foodstuff Price Monitoring (Bapokstra PDN), prices of basic necessities throughout May 2017 showed considerable variation. Of the 12 basic commodity prices monitored, six commodities increased and six decreased.

From April 28th to May 30th, 2017, the price of chicken eggs saw the highest increase, rising 5.89 percent to Rp 23,083 per kilogram (kg). This was followed by broiler chicken, which increased by 5.09 percent to Rp 31,643 per kg, and red chilies, which rose 3.82 percent to Rp 29,703 per kg. Meanwhile, shallots experienced the sharpest price decrease, falling 5.94 percent to Rp 30,963 per kg. This was followed by local soybeans, which also decreased by 3.49 percent to Rp 10,462 per kg.

In the lead-up to Ramadan and Eid al-Fitr, prices of basic necessities usually tend to increase due to rising consumer demand. However, some commodities experienced price decreases due to harvest seasons or government stabilization efforts, such as imports from abroad.